NBIX Options History — October 2023

In October 2023, NBIX traded between $106.43 and $115.31. ATM implied volatility averaged 31.5%, placing in the 39.1% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 5.9% (HV 20d: 25.5%). Max pain ranged from $100.00 to $105.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 1.94.

Notable Days

  • 2023-10-24: Highest Volume — 1,096 contracts
  • 2023-10-18: Largest IV spike — 24.6% change
  • 2023-10-27: Highest IV Rank — 53.4%
  • 2023-10-27: Largest Expected Move — 10.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$111.13$106.43$115.31$111.38$111.00
Max Pain$104.32$100.00$105.00$100.00$105.00
ATM IV31.5%26.0%38.0%26.0%29.9%
Expected Move8.9%7.5%10.9%7.5%8.6%
HV 20d25.5%21.8%33.2%30.1%27.0%
HV 60d24.2%22.5%25.9%23.2%25.9%
IV Rank39.1%27.2%53.4%27.2%35.7%
IV Percentile45.2%18.3%80.6%18.3%36.9%
Term Structure-0.8%-9.4%5.2%4.3%-0.6%
VWIV32.7%25.6%41.0%27.5%28.5%
Skew 25d4.5%-3.0%9.6%9.6%9.3%
Skew 10d6.2%-12.9%27.1%15.4%7.2%
Call IV 25d30.1%25.0%34.6%29.4%26.4%
Put IV 25d34.6%26.6%39.0%39.0%35.7%
Bid-Ask Spread %87.3780.2697.3794.1897.37
Gamma HHI0.220.180.390.240.21
Net GEX931.3K57.0K1.6M1.1M378.7K
Net DEX-26.6M-41.0M-6.6M-28.2M-20.7M
Net VEX-160.6K-179.7K-140.5K-167.2K-140.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.940.0015.770.302.25
Total Volume223.909111,0963091
Total OI12,870.22712,23413,84712,23612,457

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$111.38$100.0026.0%7.5%30.1%27.2%27.5%9.6%4.3%1.1M-28.2M-167.2K0.3094.18N/AN/A2377,0125,224
2023-10-03$110.40$100.0032.0%9.2%30.1%40.3%33.4%7.1%-1.0%921.7K-26.6M-170.8K2.6497.02N/AN/A2035357,0065,228
2023-10-04$110.80$100.0027.1%7.8%30.1%29.6%0.0%3.9%0.2%1.0M-25.0M-179.7K5.0092.28N/AN/A8407,0895,491
2023-10-05$115.31$105.0029.8%9.2%32.6%35.6%30.9%5.6%-1.5%1.2M-41.0M-164.2K0.3784.98N/AN/A27107,1995,521
2023-10-06$114.19$105.0027.1%8.2%32.9%29.6%27.6%1.5%-0.3%1.3M-38.5M-158.6K0.0584.06N/AN/A4227,2135,521
2023-10-09$113.16$105.0032.9%8.3%33.2%42.2%30.3%4.4%-2.2%1.2M-34.3M-160.1K0.1584.13N/AN/A5587,2315,524
2023-10-10$114.05$105.0035.5%7.7%23.2%47.9%26.3%6.3%-1.5%1.2M-39.6M-155.4K0.2685.87N/AN/A3187,2595,530
2023-10-11$113.28$105.0027.2%7.8%22.3%29.9%38.3%6.7%-4.3%1.3M-34.5M-157.9K0.5084.53N/AN/A6083067,2575,536
2023-10-12$111.08$105.0032.0%9.2%23.3%40.2%25.6%5.8%-9.4%1.2M-29.1M-170.1K1.5487.69N/AN/A13207,5595,840
2023-10-13$112.60$105.0030.3%8.7%22.9%36.7%34.3%0.1%2.2%1.2M-35.6M-167.4K0.2283.22N/AN/A927,5555,847
2023-10-16$113.87$105.0030.4%8.7%23.2%36.9%36.4%8.7%0.2%1.4M-38.3M-158.1K2.9485.25N/AN/A31917,5625,847
2023-10-17$114.03$105.0029.0%8.3%21.8%33.8%30.9%-3.0%3.5%1.4M-40.7M-150.5K0.2589.42N/AN/A44117,5855,933
2023-10-18$112.21$105.0036.2%10.4%22.4%49.5%35.6%4.0%0.7%1.4M-31.5M-161.5K0.0086.21N/AN/A1207,5925,937
2023-10-19$110.69$105.0030.3%8.7%22.4%36.5%36.2%1.7%5.2%1.2M-27.9M-162.6K15.7789.74N/AN/A223477,6055,932
2023-10-20$110.41$105.0033.9%9.7%22.2%44.5%32.4%5.7%-1.1%1.6M-24.0M-160.7K0.1284.56N/AN/A8271037,6126,235
2023-10-23$107.69$105.0031.8%9.1%23.7%39.9%31.4%4.3%-1.9%321.6K-12.7M-161.3K0.5082.55N/AN/A1686,7065,934
2023-10-24$109.07$105.0027.7%7.9%23.7%30.8%41.0%5.6%5.0%435.8K-16.9M-156.4K0.1887.75N/AN/A9301666,7075,936
2023-10-25$108.31$105.0032.5%9.3%23.7%41.3%33.3%2.1%-0.6%314.3K-14.4M-156.7K0.9281.53N/AN/A1211116,5236,059
2023-10-26$107.90$105.0035.6%10.2%23.7%48.3%33.0%4.5%-5.8%207.0K-11.3M-161.9K3.3385.86N/AN/A3106,2756,165
2023-10-27$106.43$105.0038.0%10.9%23.5%53.4%36.6%2.1%-5.9%57.0K-6.6M-161.4K4.5093.75N/AN/A296,2796,171
2023-10-30$106.94$105.0036.8%10.5%23.3%50.7%36.3%3.0%-3.8%92.8K-8.1M-150.3K1.0080.26N/AN/A776,2786,173
2023-10-31$111.00$105.0029.9%8.6%27.0%35.7%28.5%9.3%-0.6%378.7K-20.7M-140.5K2.2597.37N/AN/A28636,2816,176